HUBB vs ITT: Correlation
Hubbell Incorporated (HUBB) and ITT Inc. (ITT) show a strong relationship: their 3-year correlation of weekly returns is 0.68.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HUBB and ITT?
On 3 years of weekly data the HUBB/ITT correlation comes out at 0.68, strong. Recent behaviour matches the longer record: 0.67 over 1 year against 0.68 over 3. The 5-year figure is 0.65, and annualized covariance runs at 526.5 %².
Few assets follow HUBB as closely as ITT, which ranks #2 of 36 tracked partners. Over the last 12 months ITT came out ahead by 14.1 percentage points (+6.7% against +20.8%).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
HUBB vs ITT: side by side
| HUBB (Hubbell Incorporated) | ITT (ITT Inc.) | |
|---|---|---|
| 1-year return | +6.7% | +20.8% |
| 5-year return | +142.6% | +124.4% |
| Volatility (ann.) | 28.3% | 27.4% |
| Beta vs S&P 500 | 1.10 | 1.33 |
| Max drawdown (3Y) | -32.6% | -29.1% |
| Market cap | $24.8B | – |
| P/E (trailing) | 27.9 | 40.9 |
| Dividend yield | 1.18% | 0.70% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | HUBB | ITT |
|---|---|---|
| 2022 | +15.1% | -19.5% |
| 2023 | +42.4% | +48.9% |
| 2024 | +28.9% | +20.9% |
| 2025 | +7.4% | +22.5% |
| 2026 | +6.5% | +20.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HUBB and ITT good diversifiers for each other?
Somewhat, no more. With 0.68 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between HUBB and ITT?
Using weekly returns as of 2026-08-27: 0.68 over 3 years, with 0.67 over the last year and 0.65 over 5 years.
Is ITT a good diversifier for HUBB?
Somewhat, no more. With 0.68 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.68 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/hubb-vs-itt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/hubb-vs-itt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HUBB correlations · ITT correlations
